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HomeMy WebLinkAboutResolution No. 2025-54 | FY 2024-25 Year-end Budget Amendment | Adopted 10/20/2025 RESOLUTION NO. 2025-54 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY AMENDING THE BUDGET FOR THE CITY OF GILROY WHEREAS, the City Administrator prepared and submitted to the City Council a budget for the City of Gilroy for Fiscal Years 2024 and 2025, and the City Council carefully examined, considered and adopted the same on June 5, 2023; and WHEREAS, the City Administrator prepared and submitted to the City Council a budget for the City of Gilroy for Fiscal Years 2026 and 2027, and the City Council carefully examined, considered and adopted the same on June 2, 2025; and WHEREAS, City Staff has prepared and submitted to the City Council a proposed amendment to said budget for Fiscal Year 2025 and 2026 for the City of Gilroy in the staff report dated October 20, 2025, for Preliminary FY2024-25 Year-end Financial Report; and WHEREAS, the City Council has carefully examined and considered the same and is satisfied with said budget amendments. NOW, THEREFORE, BE IT RESOLVED that appropriations to the expenditure accounts for Fiscal Year 2025 close out are hereby increased by $31,600 in Fund 240 (Prop 172 Sales Tax) and by $150,000 in Fund 605 (Worker’s Compensation) and that appropriations to the expenditure and revenue accounts for Fiscal Year 2026 are hereby increased or decreased for the various Funds outlined in Exhibit A, attached to this resolution. PASSED AND ADOPTED this 20th day of October 2025 by the following roll call vote: AYES: COUNCIL MEMBERS: BRACCO, CLINE, FUGAZZI, HILTON, MARQUES, RAMIREZ, BOZZO NOES: COUNCIL MEMBERS: NONE ABSTAIN: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE APPROVED: ______________________________ Greg Bozzo, Mayor ATTEST: Kim Mancera, City Clerk Docusign Envelope ID: D5826876-0B8F-47C2-B03A-05374BEC2139 Resolution No. 2025-54 Budget Amendment Resolution City Council Regular Meeting | October 20, 2025 Page 2 of 3 EXHIBIT A Department Fund Org Object Code(s) Revenue Adjustment Expenditure Adjustment Finance (Pension/OPEB Trust Policy)100-General Fund 1001000 50415 650,000 Police 223-OTS PD Grant 2233010 43120/52610 55,096 55,096 Police 225-Police Grants Fund 2253000 43120/52610 5,271 5,271 Police 225-Police Grants Fund 2253000 52150 17,519 Police 227-South County Youth Task Force 2273000 43125/52610 (20,000) (20,000) Admin - EOC 100-General Fund 1001560 43120/51520 17,810 17,810 Public Works - Parks/Landscape 100-General Fund 1005510 51630 69,000 Public Works - Parks/Landscape 100-General Fund 1005510 52210 147,000 Public Works - Parks/Landscape 100-General Fund 1005510 53142 124,000 Total 58,177$ 1,065,696$ FY26 Appropriations Adjustments Docusign Envelope ID: D5826876-0B8F-47C2-B03A-05374BEC2139 Resolution No. 2025-54 Budget Amendment Resolution City Council Regular Meeting | October 20, 2025 Page 3 of 3 CERTIFICATE OF THE CLERK I, KIM MANCERA, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2025-54 is an original resolution, or true and correct copy of a City Resolution, duly adopted by the Council of the City of Gilroy at a Regular Meeting of said held on Council held Monday, October 20, 2025 with a quorum present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this Wednesday, October 22, 2025. ____________________________________ Kim Mancera City Clerk of the City of Gilroy Docusign Envelope ID: D5826876-0B8F-47C2-B03A-05374BEC2139